Review Of Discover More Card – 24 Month 0% APR On Balance Transfers
. This is a limited-time promotion only for NEW customers who sign up before March 31, 2011. For the first 24 months, you will enjoy a 0% introductory APR on all balance transfers. This is a great deal if you plan to take advantage of the introductory 0% balance transfer by transferring your high-interest credit card debt or store card debt to this new card account, so that you pay ZERO interest on your transferred balance for 24 months. This allows you to pay off your existing debt faster as you stop paying interest on it. After those 24 months, your variable APR will be between 11.99% and 20.99%, depending on your credit score . Make sure to pay off all your debts within the 24 months so that you won’t incur the higher non-promotional interest rates. Note that you still have to pay a balance transfer fee of 5% or $10 minimum even though you pay no interest.0% introductory APR on all your purchases. You will also enjoy the benefit of having a 0% introductory APR on all your purchases for 6 months, after that you will have to pay the regular APR, which is between 11.99% – 20.99%, depending on your credit score. Remember that even though you’re in an introductory period and your APR is 0%, you should still make all your payments on time.
Earn 5% Cashback Bonus Unlike many other 0% balance transfer cards, this card offers you cash rewards when you make purchases with it. It can help you save a lot of money by giving you 5% cash back in rotating categories such as gas, travel, restaurants, groceries stores, etc, which change throughout the year. From January through March 2011, you can earn 5% cash back on up to $800 in purchases for travel and restaurants. Important note: You must enroll for each 5% program every quarter! If you spend more than the specified amount for each 5% program, the excess will automatically earn up to 1% cash back.
You can earn up to double Cashback Bonus when redeeming your rebates for gift certificates from participating retailers. To give you some examples, a $40 rebate can be redeemed for a $80 Carnival Cruise or $80 Celebrity Cruises gift card or instant eCertificate; a $40 rebate can be redeemed for a $100 certificate from Hyatt Hotels & Resorts; a $20 rebate can be exchanged for a $40 Samsonite gift card!Rebates don’t expire.
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